Northern Rock 125% LTV 'Together' Mortgages

mystic_trev

I see they're still advertising these mortgages! Are they really available?
If they are I'd like to know why, particulary as it's our (Tax payers) money keeping them afloat!

_Andy_

Why would the advertise them if they weren't available?

As for why they are available, because consumers want them.

Conrad

Several other lenders also offer them including BM Solutions (HBOS), Coventry BS and Mortgage Express.

mystic_trev

_Andy_ wrote: »

As for why they are available, because consumers want them.

Thanks - I'd like a new Ferrari, dosen't mean I'll get one. Bearing in mind the Credit crunch I'm surprised these are still available, particlary as other Banks and Building societies have been reducing LTV's

mystic_trev

I've just checked - It's a 95% mortgage with a max £30,000 loan. That explains it! I wouldn't want HMG handing out my cash willy nilly!!!!!!!!!!!!!!!